One Underappreciated Way to Reduce Inequality: Work More

Published on October 4, 2024

The various bestselling books on income inequality cite a variety of driving factors. Robert Kuttner blames global capitalism. Paul Krugman pins it on bad domestic economic policies. Thomas Piketty writes of capitalists as if they are rentiers, extracting royalties from the system.

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The Fed Needs to Tread Carefully in Twitchy Money Markets

October 4, 2024
It might not be time to really get nervous about US money markets, but it’s definitely time to pay more attention. Signs of strain emerged as September turned into October this week — it wasn’t completely wild, but the tensions were the worst since early 2020.

Retailers Have No Room for Error This Holiday

October 4, 2024
With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for US retailers.